Northrop Grumman Q1 Earnings Miss Estimates, Stocks Decline
Northrop Grumman Q1 Earnings Miss Estimates, Stocks Decline

Northrop Grumman Q1 Earnings Miss Estimates, Stocks Decline

News summary

Northrop Grumman reported disappointing first quarter results, with an EPS of $3.32, falling $3.00 short of analyst estimates, and revenue of $9.5 billion, also below expectations. The company forecasted FY 2025 EPS of $24.95-$25.35 and revenue of $42.00-$42.50 billion, both trailing analyst consensus, and saw numerous negative EPS revisions in the last 90 days. Despite these results, Northrop Grumman's financial health remains solid, with a recent 4.4% revenue growth and a history of 21 consecutive years of dividend increases. On the same day, W.W. Grainger Inc. and General Dynamics Corp. stocks also declined amid a broader market downturn, though Northrop Grumman's stock outperformed its competitors despite losses. Northrop Grumman maintains transparency with regular financial disclosures and is considered to be trading near its fair value by analysts. The company remains a significant player in the aerospace and defense sector, headquartered in Falls Church, VA.

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